fossil-fuel

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Trevel Raises $1 Million to Expand Electric Mobility Platform

Gurugram-based electric mobility platform, Trevel, operated by Inwisement Technologies, has raised $1 million in a funding round co-led by India Accelerator, Finvolve,...

June 15, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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Solar Share in India’s Renewable Energy Capacity Rises to 55% in Q1 2026

Solar power accounted for 28.4% of total installed power capacity and 55% of total installed renewable energy capacity as of March 2026, up from 26.5% and 52.7%,...

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51% of India’s Installed Renewable Capacity was Solar by Q3 2025

Solar power accounted for 25.1% of India’s total installed power capacity and 51% of the total installed renewable capacity as of September 2025. The solar capacity...

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India’s Solar Power Generation Rises 19.2% YoY in Q2 2025

India generated approximately 43 billion units (BU) of solar power in the second quarter (Q2) of the calendar year 2025, a 19.2% year-over-year (YoY) increase. Solar...

August 7, 2025

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Tarun Kothamasu

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Mercom Research Focus

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Solar
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Solar Power Generation in India Up 32.7% YoY to 42 BU in Q1 2025

India generated approximately 42 billion units (BU) of solar power in the first quarter (Q1) of the calendar year 2025, a 32.7% year-over-year (YoY) increase, according...

May 29, 2025

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Tarun Kothamasu

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Mercom Research Focus

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Solar
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Solar’s Share in India’s Renewable Energy Capacity Increases to 47.6% in Q1 2025

Solar power accounted for 22% of India’s total installed power capacity and 47.6% of the total installed renewable energy capacity at the end of the first quarter (Q1)...

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Government Launches Pilot Projects for Hydrogen-Fueled Buses and Trucks

The Government of India has launched five pilot projects under the National Green Hydrogen Mission (NGHM) to introduce hydrogen-fueled buses and trucks. The Ministry of...

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Solar’s Share in India’s Installed Power Capacity Rises to 20% in Q3

India’s installed power capacity was 450.7 GW as of September 2024. Renewable energy accounted for 44.3% of the country’s power capacity mix, with 199.5 GW...

November 11, 2024

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Shanthi G

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Mercom Research Focus

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Solar
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India’s Solar Power Generation in Q3 2024 Hit 32 BU, up 17.9% YoY

In the third quarter (Q3) of the calendar year 2024, solar power generation in India was approximately 32 billion units (BU), up 17.9% year-over-year (YoY). The...

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Solar Power Generation Hits 36 BU in Q2 2024, a 17.6% YoY Increase

In the second quarter (Q2) of the calendar year 2024, India scaled a new high with solar power generation reaching 36 billion units (BU), a 17.6% increase year-over-year...

August 12, 2024

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Tarun Kothamasu

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Mercom Research Focus

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Solar
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Solar Power Generation in India Rises 8.8% YoY to 32 BU in Q1 2024

India generated approximately 32 billion units (BU) of solar power in the first quarter (Q1) of the calendar year (CY) 2024, an 8.8% year-over-year (YoY) increase. The...

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India’s Solar Power Generation Up 6.9% YoY in 2023 Despite Lower Capacity Additions

India generated around 113.4 billion units (BU) of solar power in the calendar year (CY) 2023, a 19.18% increase from 95.15 BU generated in 2022, according to the recent...

February 12, 2024

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Tarun Kothamasu

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Markets & Policy

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Mercom Research Focus

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Solar
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India’s Solar Power Generation Up 19% YoY in Q3 2023

India generated approximately 27 billion units (BU) of solar power in the third quarter (Q3) of the calendar year (CY) 2023, up 19% year-over-year (YoY), according to...

November 16, 2023

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Staff

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Mercom Research Focus

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Solar
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India’s Solar Power Generation Up 21% YoY in Q2 2023

About 30 billion units (BU) of solar energy was generated in the second quarter (Q2) of the calendar year (CY) 2023, a 20.8% year-over-year (YoY) increase. Solar...

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IFC Invests ₹6 Billion in Mahindra’s New Last-Mile Mobility Firm

The International Finance Corporation IFC, a member of the World Bank Group, has announced an investment of ₹6 billion (~$72.9 million) in a subsidiary of Mahindra &...

March 23, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A

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